Whale Oil often has us laughing out loud - he adds spice to some fairly meaty issues and this morning is no exception. Today his target is Kordia - the old Broadcasting Communications Ltd.Now we have been doing a bit of delving into the performance of the SOE's, the government owned companies that often have some interesting monopolies. Some are ready for a bit of pruning.
Kordia is no exception. So its looks like some of the bloggers are going to put the heat on underperforming SOE's.
Kordias NPAT was $838k - a wee bit less that their expected $12mil and a lot less than the previous years $14mil.
Whale has made an excellent start.
Expect more to come.
Read here for the sad tale of a company delivering up a dead bird
UPDATE: NBR has just posted a story on the fact that Joyce wont be making an announcement on the broadband funding today as tipped by the Herald.
It mentions that Kordia is looking for a handout though - We suppose its expected when they are a bit short of the readies.
Kordia is no exception. So its looks like some of the bloggers are going to put the heat on underperforming SOE's.
Kordias NPAT was $838k - a wee bit less that their expected $12mil and a lot less than the previous years $14mil.
Whale has made an excellent start.
Expect more to come.
Read here for the sad tale of a company delivering up a dead bird
UPDATE: NBR has just posted a story on the fact that Joyce wont be making an announcement on the broadband funding today as tipped by the Herald.
It mentions that Kordia is looking for a handout though - We suppose its expected when they are a bit short of the readies.
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